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	<title>Comments for Dublin Opinion</title>
	<link>http://dublinopinion.com</link>
	<description>It's a group blog. What more do you need to know?</description>
	<pubDate>Wed, 08 Feb 2012 08:04:57 +0000</pubDate>
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		<title>Comment on BETTING AGAINST THE EURO WITH THE IFSC by Donagh</title>
		<link>http://dublinopinion.com/2012/02/06/betting-against-the-euro-with-the-ifsc/#comment-78117</link>
		<author>Donagh</author>
		<pubDate>Mon, 06 Feb 2012 10:51:00 +0000</pubDate>
		<guid>http://dublinopinion.com/2012/02/06/betting-against-the-euro-with-the-ifsc/#comment-78117</guid>
		<description>New stuff in the Finance Bill which is to be published&lt;a href="http://www.irishtimes.com/newspaper/ireland/2012/0206/1224311332839.html?via=rel?via=rel" rel="nofollow"&gt; this Weds&lt;/a&gt;:
&lt;blockquote&gt;There will also be several measures in the international financial services area, including supports for international funds, corporate treasury, international insurance, and aircraft leasing.&lt;/blockquote&gt;</description>
		<content:encoded><![CDATA[<p>New stuff in the Finance Bill which is to be published<a href="http://www.irishtimes.com/newspaper/ireland/2012/0206/1224311332839.html?via=rel?via=rel" rel="nofollow"> this Weds</a>:</p>
<blockquote><p>There will also be several measures in the international financial services area, including supports for international funds, corporate treasury, international insurance, and aircraft leasing.</p></blockquote>
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		<title>Comment on BETTING AGAINST THE EURO WITH THE IFSC by Donagh</title>
		<link>http://dublinopinion.com/2012/02/06/betting-against-the-euro-with-the-ifsc/#comment-78116</link>
		<author>Donagh</author>
		<pubDate>Mon, 06 Feb 2012 10:08:47 +0000</pubDate>
		<guid>http://dublinopinion.com/2012/02/06/betting-against-the-euro-with-the-ifsc/#comment-78116</guid>
		<description>I didn't hear Kenny make that remark over the weekend, but I imagine its the same as the one he made in July last year. http://www.rte.ie/news/2011/0714/ifsc-business.html 

Centre of excellence for Islamic Finance? New Carbon trading centre? 10,000 new jobs?! The rule of thumb here is every time you want to give something away for nothing you mention how many jobs it will create. Just make up a figure, preferably one with lots of zeros. As you know only too well Conor, 39 of the 46 treasury management firms out of the over 400 located at the IFSC that Jim Stewart surveyed in 2008 reported no fixed assets and had a median employment of zero. 


That Dolmen Security brochure is stomach churning though. I thought gambling was frowned upon. But reading through all the warnings it is perfectly clear that it's designed for people who have money to lose. 

Of course, those who put it together would say its just a matter of calculating risk, and hedging accordingly. 

But what are risks attached to the Bond?   

&lt;blockquote&gt;A European wide recovery may result in the Euro strengthening significantly against the Indian Rupee.&lt;/blockquote&gt;

So, the instability and political stupidity causes further disintegration of the Euro reducing the living standards and prospects of ordinary working people across Europe but for these guys its the golden years.</description>
		<content:encoded><![CDATA[<p>I didn&#8217;t hear Kenny make that remark over the weekend, but I imagine its the same as the one he made in July last year. <a href="http://www.rte.ie/news/2011/0714/ifsc-business.html" rel="nofollow">http://www.rte.ie/news/2011/0714/ifsc-business.html</a> </p>
<p>Centre of excellence for Islamic Finance? New Carbon trading centre? 10,000 new jobs?! The rule of thumb here is every time you want to give something away for nothing you mention how many jobs it will create. Just make up a figure, preferably one with lots of zeros. As you know only too well Conor, 39 of the 46 treasury management firms out of the over 400 located at the IFSC that Jim Stewart surveyed in 2008 reported no fixed assets and had a median employment of zero. </p>
<p>That Dolmen Security brochure is stomach churning though. I thought gambling was frowned upon. But reading through all the warnings it is perfectly clear that it&#8217;s designed for people who have money to lose. </p>
<p>Of course, those who put it together would say its just a matter of calculating risk, and hedging accordingly. </p>
<p>But what are risks attached to the Bond?   </p>
<blockquote><p>A European wide recovery may result in the Euro strengthening significantly against the Indian Rupee.</p></blockquote>
<p>So, the instability and political stupidity causes further disintegration of the Euro reducing the living standards and prospects of ordinary working people across Europe but for these guys its the golden years.</p>
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		<title>Comment on BEN GAZZARA, 1930-2012 by Adrian Grant</title>
		<link>http://dublinopinion.com/2012/02/04/ben-gazzara-1930-2012/#comment-78110</link>
		<author>Adrian Grant</author>
		<pubDate>Sat, 04 Feb 2012 15:34:57 +0000</pubDate>
		<guid>http://dublinopinion.com/2012/02/04/ben-gazzara-1930-2012/#comment-78110</guid>
		<description>Jackie Treehorn treats objects like women, man.</description>
		<content:encoded><![CDATA[<p>Jackie Treehorn treats objects like women, man.</p>
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		<title>Comment on NAMA WINE LAKE : JUST ANOTHER RIGHT-WING NUTTER by Oireachtas Retort</title>
		<link>http://dublinopinion.com/2012/01/22/nama-wine-lake-just-another-right-wing-nutter/#comment-78101</link>
		<author>Oireachtas Retort</author>
		<pubDate>Mon, 30 Jan 2012 14:15:29 +0000</pubDate>
		<guid>http://dublinopinion.com/2012/01/22/nama-wine-lake-just-another-right-wing-nutter/#comment-78101</guid>
		<description>Liam

Not quite sure they are looking for a success story. Nothing that would be considered a success from an Irish point of view anyway.</description>
		<content:encoded><![CDATA[<p>Liam</p>
<p>Not quite sure they are looking for a success story. Nothing that would be considered a success from an Irish point of view anyway.</p>
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		<title>Comment on Beyond the Classroom - Communities Ep1: Kilbarrack by Sarah</title>
		<link>http://dublinopinion.com/2010/03/12/beyond-the-classroom-communities-ep1-kilbarrack/#comment-78093</link>
		<author>Sarah</author>
		<pubDate>Fri, 27 Jan 2012 17:12:19 +0000</pubDate>
		<guid>http://dublinopinion.com/2010/03/12/beyond-the-classroom-communities-ep1-kilbarrack/#comment-78093</guid>
		<description>I am so inspired by this group of women. It just shows what you can achieve.</description>
		<content:encoded><![CDATA[<p>I am so inspired by this group of women. It just shows what you can achieve.</p>
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		<title>Comment on NAMA WINE LAKE : JUST ANOTHER RIGHT-WING NUTTER by Conor McCabe</title>
		<link>http://dublinopinion.com/2012/01/22/nama-wine-lake-just-another-right-wing-nutter/#comment-78080</link>
		<author>Conor McCabe</author>
		<pubDate>Wed, 25 Jan 2012 16:31:41 +0000</pubDate>
		<guid>http://dublinopinion.com/2012/01/22/nama-wine-lake-just-another-right-wing-nutter/#comment-78080</guid>
		<description>I think it's a collective. I don't think it's one person. although the name given in the public accounts committee is Mr. Jag Singh, and irish economy names him as Jagdip Singh.


</description>
		<content:encoded><![CDATA[<p>I think it&#8217;s a collective. I don&#8217;t think it&#8217;s one person. although the name given in the public accounts committee is Mr. Jag Singh, and irish economy names him as Jagdip Singh.</p>
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		<title>Comment on NAMA WINE LAKE : JUST ANOTHER RIGHT-WING NUTTER by RosencrantzisDead</title>
		<link>http://dublinopinion.com/2012/01/22/nama-wine-lake-just-another-right-wing-nutter/#comment-78079</link>
		<author>RosencrantzisDead</author>
		<pubDate>Wed, 25 Jan 2012 15:47:54 +0000</pubDate>
		<guid>http://dublinopinion.com/2012/01/22/nama-wine-lake-just-another-right-wing-nutter/#comment-78079</guid>
		<description>His blog also suffers from that phenomenon of 'everything you read is true, excepting that rare item of which you have a first hand account'. I enjoy some of his posts, but then others, where I have some familiarity with the subject-matter, are so far off the mark to make you wonder about the credibility of the blog as a whole.</description>
		<content:encoded><![CDATA[<p>His blog also suffers from that phenomenon of &#8216;everything you read is true, excepting that rare item of which you have a first hand account&#8217;. I enjoy some of his posts, but then others, where I have some familiarity with the subject-matter, are so far off the mark to make you wonder about the credibility of the blog as a whole.</p>
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		<title>Comment on NAMA WINE LAKE : JUST ANOTHER RIGHT-WING NUTTER by Conor McCabe</title>
		<link>http://dublinopinion.com/2012/01/22/nama-wine-lake-just-another-right-wing-nutter/#comment-78078</link>
		<author>Conor McCabe</author>
		<pubDate>Wed, 25 Jan 2012 15:28:10 +0000</pubDate>
		<guid>http://dublinopinion.com/2012/01/22/nama-wine-lake-just-another-right-wing-nutter/#comment-78078</guid>
		<description>Yep. Nama Wine Lake is an accountant's blog, and given Ireland's class structure, no matter what is brought in by the government and/or IMF accountants will be protected.</description>
		<content:encoded><![CDATA[<p>Yep. Nama Wine Lake is an accountant&#8217;s blog, and given Ireland&#8217;s class structure, no matter what is brought in by the government and/or IMF accountants will be protected.</p>
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		<title>Comment on NAMA WINE LAKE : JUST ANOTHER RIGHT-WING NUTTER by RosencrantzisDead</title>
		<link>http://dublinopinion.com/2012/01/22/nama-wine-lake-just-another-right-wing-nutter/#comment-78077</link>
		<author>RosencrantzisDead</author>
		<pubDate>Wed, 25 Jan 2012 14:32:16 +0000</pubDate>
		<guid>http://dublinopinion.com/2012/01/22/nama-wine-lake-just-another-right-wing-nutter/#comment-78077</guid>
		<description>I should add that very few of the cheerleaders for creative destruction feel that it should extend to themselves. Ask the average doctor what they feel about sheltered sectors and they'll rant about lawyers, academics, and civil servants. Ask a lawyer...etc. It shall be interesting to see how this pans out: chances are the IMF/ECB/EU will privilege the foreign exports and financial sectors since they are needed for growth and to repay debts, respectively. These were already privileged sectors, so I am sceptical that any this will bring about any major changes.</description>
		<content:encoded><![CDATA[<p>I should add that very few of the cheerleaders for creative destruction feel that it should extend to themselves. Ask the average doctor what they feel about sheltered sectors and they&#8217;ll rant about lawyers, academics, and civil servants. Ask a lawyer&#8230;etc. It shall be interesting to see how this pans out: chances are the IMF/ECB/EU will privilege the foreign exports and financial sectors since they are needed for growth and to repay debts, respectively. These were already privileged sectors, so I am sceptical that any this will bring about any major changes.</p>
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		<title>Comment on NAMA WINE LAKE : JUST ANOTHER RIGHT-WING NUTTER by RosencrantzisDead</title>
		<link>http://dublinopinion.com/2012/01/22/nama-wine-lake-just-another-right-wing-nutter/#comment-78076</link>
		<author>RosencrantzisDead</author>
		<pubDate>Wed, 25 Jan 2012 14:23:37 +0000</pubDate>
		<guid>http://dublinopinion.com/2012/01/22/nama-wine-lake-just-another-right-wing-nutter/#comment-78076</guid>
		<description>G.B.Shaw, or someone, said somewhere that 'the average Englishman enjoys a stern sermon, for he feels it will do his neighbour the world of good.'

In the same vein, I think NamaWineLake is representative of a particular section of Ireland who revel in the destruction that the IMF will wreak on the populace because they feel that other sections of society have enjoyed too much shelter and are overpaid.</description>
		<content:encoded><![CDATA[<p>G.B.Shaw, or someone, said somewhere that &#8216;the average Englishman enjoys a stern sermon, for he feels it will do his neighbour the world of good.&#8217;</p>
<p>In the same vein, I think NamaWineLake is representative of a particular section of Ireland who revel in the destruction that the IMF will wreak on the populace because they feel that other sections of society have enjoyed too much shelter and are overpaid.</p>
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